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News that affect cryptocurrencies

Powell’s speech last night

was another blow to the financial market.

The news that caused pessimism in the market last night was the following sentence

“The first priority is to reduce the inflation rate to the target of 2%”

Ether had fallen six points as of 10 o’clock this morning

The market fell out, and with the continuous decline last night, some hot coins returned to their previous relatively good positions. Back to the bottom area.

This month is likely to end with a positive line, and buying spot dips is also a very good choice.

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